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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 98 daysPrice drop · $100,000 off (-8.3%)

    Unit 2701 — 505 Talbot Street

    East F·London East, ON·N6A 2S6·Near Talbot & Dufferin

    • 3 beds
    London East real estate›X12894092
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Spectacular views from the 27th floor of this open concept 2,235 sq ft Penthouse w 3 bedroom, 3 full baths plus Den in the heart of downtown at The Azure. Offering incredible North & West views of the Thames River, Labatt Park and London's Forest City. This spacious Penthouse has floor to ceiling windows throughout providing bright interior living while glass railing enhances the breathtaking views with an additional 300 sq ft of outdoor covered Terrace off living area and separate balcony for the 3rd bedroom. Large open concept living, dining & kitchen area allows for entertaining at its best or cozy up by the fireplace to relax and take in the evening sun sets. Custom cabinetry in Chefs kitchen, quartz countertops and built in appliances. Engineered hardwood throughout the unit (no carpet) along with tile in the 3 bathrooms. West facing primary bedroom is complete with walk in closet, a 5pc ensuite with heated flooring. The second & third bedrooms also with a wall of windows and adjacent 4pc baths include walk in closets in both. 2 owned parking spots with an electric vehicle plug-in on level _____ w/no stairs to the elevators. Impressive common areas include a golf simulator, games room w/ bar & pool table, upper level gym and spectacular rooftop lounge with panoramic city views. Everything you could ever dream of is here at The Azure

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 21, 2026Price reducedCurrentReduced$1,100,000−$100,000 (8.3%)X12894092This page
    Mar 16, 2026ListedCurrentFor sale$1,200,000 —X12894092This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 2701 — 505 Talbot Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Electric Car Charger
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $5,404
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $973
    1.06% mill rate · ON
    The market

    How this home sits in the London East market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The London East market right now

    Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.

    • Avg sold price
      $460,017
      Last 30 days
    • Median sold price
      $457,000
      Middle of the market
    • Days on market
      33 d
      Avg from list to close
    • Closed last 30d
      416
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 2701 — 505 Talbot Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 2701 — 505 Talbot Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 2701 — 505 Talbot Street listed for?

      Unit 2701 — 505 Talbot Street is listed at $1,100,000 on the MLS® (listing X12894092). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 2701 — 505 Talbot Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 3 baths
  2. 2000-2249 sqft
  3. Condo Apartment
  4. Asking
    $1,100,000
    $0 / sqft · MLS® X12894092
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $460,017
    $423,216Confidence range$496,818
    Asking vs estimate
    ↑↑well-above
    +$639,983
    (+139.1%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in London East sell in about 33 days — this one has been listed 98 days.

    Avg sold price
    $460,017
    Median sold
    $457,000
    Avg days on market
    33
    Recently sold
    416
    See comparable sales
    • Spectacular views from the 27th floor of this open concept 2,235 sq ft Penthouse w 3 bedroom, 3 full baths plus Den in the heart of downtown at The Azure.
    • Offering incredible North & West views of the Thames River, Labatt Park and London's Forest City.
    • Large open concept living, dining & kitchen area allows for entertaining at its best or cozy up by the fireplace to relax and take in the evening sun sets.
    • Custom cabinetry in Chefs kitchen, quartz countertops and built in appliances.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    2
    Parking spaces
    2
  6. Interior

    4
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    10
  7. Exterior & construction

    3
    Exterior
    Concrete
    Patio
    Open
    Balcony
    Open
  8. Lot & land

    1
    Zoning
    B33,D2-50,DA2
  9. Listing & possession

    3
    Occupancy
    60-90
    Property style
    Apartment
    Property class
    Condo Apartment
  10. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    9 rooms
    • Kitchen
      15.0 × 8.5 ft
    • Living Room
      Combined w/Dining
      23.5 × 16.7 ft
    • Bathroom
      5 Pc Bath
      0.0 × 0.0 ft
    • Bedroom 2
      10.5 × 12.5 ft
    • Bathroom
      4 Pc Bath
      0.0 × 0.0 ft
    • Den
      10.7 × 12.5 ft
    • Primary Bedroom
      11.7 × 14.0 ft
    • Bedroom 3
      9.0 × 12.5 ft
    • Bathroom
      4 Pc Bath
      0.0 × 0.0 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $1,062
    per month
    Maintenance fee includes
    • Heat
    • Water
    Building details
    • Unit1
    • Storeys (building)27
    • ExposureNorth West
    • LockerOwned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpMSC
    • Corp #904
    • Property managerDickenson Management
    Building amenities
    • Community BBQ
    • Game Room
    • Gym
    • Party Room/Meeting Room
    • Rooftop Deck/Garden
    • Visitor Parking
    Combined estimate
    $6,377
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $5,404
    /mo
    based on the purchase price of $1,100,000
    $220,000 cash
    $880,000 financed
    $741,191 total interest
    Monthly payment$5,404/ month
    Principal54%$880,000
    Interest46%$741,191

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in London East

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 1445 Huron Street
      Sold
      Sign in for price
      1445 Huron Street
      Condo Apartment
    • 460 Wellington Street
      Sold
      Sign in for price
      460 Wellington Street
      Condo Apartment
    • 695 RICHMOND Street
      Sold
      Sign in for price
      695 RICHMOND Street
      Condo Apartment
    • 500 Talbot Street
      Sold
      Sign in for price
      500 Talbot Street
      Condo Apartment
    • 1447 Huron Street
      Sold
      Sign in for price
      1447 Huron Street
      Condo Apartment
    • 380 King Street
      Sold
      Sign in for price
      380 King Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 2701 — 505 Talbot StreetThis home3 / 320,002,249$1,100,000ask———
    1445 Huron Street2 / 1900—
    460 Wellington Street2 / 21,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX ADVANTAGE REALTY LTD. · displayed on Summitly per MLS® data-share rules

    Unit 2701 — 505 Talbot Street is a 3-bedroom, 3-bath, 2000-2249 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was Unit 2701 — 505 Talbot Street built?

    The year built for Unit 2701 — 505 Talbot Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for Unit 2701 — 505 Talbot Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 2701 — 505 Talbot Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on Unit 2701 — 505 Talbot Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,100,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has Unit 2701 — 505 Talbot Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 2701 — 505 Talbot Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is Unit 2701 — 505 Talbot Street in?

    Unit 2701 — 505 Talbot Street is in East F, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.

  20. Is London East a good place to live?

    London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 695 RICHMOND Street
    2 / 2
    1,200
    —
    500 Talbot Street2 / 21,200—
    1447 Huron Street2 / 1900—
    380 King Street2 / 21,000—